Cost of Living in Farmington, AR

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3%
Overall NAT. AVG.
6%
Groceries NAT. AVG.
6%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Farmington Arkansas National
Cost of living9786100
Groceries9496100
Health care9195100
Housing10667100
Transportation9394100
Utilities9193100
Lifestyle & Entertainment9293100
Household Items9496100
Education & Childcare9792100
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Homes For Sale In Farmington, AR

property for sale

712 Lindle Rd

Farmington, AR
property for sale

41 W Ozark Trl

Fayetteville, AR
property for sale

903 Hillcrest Dr

Farmington, AR
property for sale

882 Woodbridge Dr

Farmington, AR
See the Newest Homes For Sale In Farmington, AR

Cost Of Living Quick Facts

  • The cost of living in Farmington is 13% higher than the Arkansas average
  • The cost of living in Farmington is 3% lower than the national average
  • Farmington housing is 6% higher than the national average
  • Arkansas general sales tax is 27% higher than the national average
  • Arkansas state income tax is 23% lower than the national average

Most Affordable Places to Live in and Around Farmington

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Compare Farmington, AR Cost of Living

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      The best places in Arkansas

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      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
      Household index
      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$121,537$10,128$2,836$3,646
      Renters$62,989$5,249$1,470$1,890
      A good indicator of the general affordability of housing in Farmington, AR, is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Farmington, the median monthly income is $121,537 for those who own their own homes. Under the standard rule, that income level would allow for $2,836 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $62,989, per the median income in the area. That would allow for renters to spend up to $1,470 on monthly rental expenses.

      Arkansas Sales Tax

      State General Sales Tax With Max Surtax
      Arkansas 6.5% 11.625%

      Arkansas Income Tax

      State Income Tax (Low) Income Tax (High)
      Arkansas 2% 4.9%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Lincoln, AR2,5308713.4%
      West Fork, AR2,6878910.8%
      Elkins, AR3,379919.4%
      Springdale, AR82,462909.8%
      Bethel Heights, AR2,549919.3%
      Farmington, AR7,326973.0%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Rockville, CT7,3231033.1%
      Collinsville, OK7,323946.1%
      Belle Isle, FL7,32912625.6%
      North Bend, WA7,33016060.5%
      Sausalito, CA7,331287186.5%
      Farmington, AR7,326973.0%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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